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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
pixel
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S&P 500   3,853.07
DOW   31,176.01
QQQ   326.36
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NASDAQ:FAAR

First Trust Alternative Absolute Return Strategy ETF Stock Forecast, Price & News

$27.70
+0.05 (+0.18 %)
(As of 01/21/2021 12:00 AM ET)
Add
Today's Range
$27.58
Now: $27.70
$27.94
50-Day Range
$26.76
MA: $27.25
$27.71
52-Week Range
$19.04
Now: $27.70
$28.31
Volume25,899 shs
Average Volume23,861 shs
Market Capitalization$63.71 million
P/E RatioN/A
Dividend Yield3.00%
BetaN/A


Basic Details

Issuer First Trust
Fund NameFirst Trust Alternative Absolute Return Strategy ETF
Tax ClassificationRegulated Investment Company
SymbolNASDAQ:FAAR
Inception Date5/18/2016
Fund ManagerJohn Gambla, Rob A. Guttschow, Daniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin
WebN/A
PhoneN/A

Fund Focus

Asset ClassCommodities
BenchmarkNot Applicable
CategoryAbsolute Returns
FocusLong/Short
Development LevelBlended Development
RegionGlobal

Fund Statistics

Assets Under Management$41.13 million
Average Daily Volume$39,811.90
Discount/Premium-0.05%

ETF Expenses

Management Fee0.95%
Other Expenses0.00%
Total Expenses0.95%
Fee Waiver0.00%
Net Expenses0.95%

Administrator, Advisor and Custodian

AdministratorBrown Brothers Harriman & Co.
AdvisorFirst Trust Advisors L.P.
CustodianBrown Brothers Harriman & Co.
DistributorFirst Trust Portfolios L.P.
Transfer AgentBrown Brothers Harriman & Co.
Trustee
Lead Market MakerJane Street
$27.70
+0.05 (+0.18 %)
(As of 01/21/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) Frequently Asked Questions

How has First Trust Alternative Absolute Return Strategy ETF's stock been impacted by Coronavirus (COVID-19)?

First Trust Alternative Absolute Return Strategy ETF's stock was trading at $25.35 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FAAR shares have increased by 9.3% and is now trading at $27.70.
View which stocks have been most impacted by COVID-19
.

What stocks does MarketBeat like better than First Trust Alternative Absolute Return Strategy ETF?

Wall Street analysts have given First Trust Alternative Absolute Return Strategy ETF a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Trust Alternative Absolute Return Strategy ETF wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as First Trust Alternative Absolute Return Strategy ETF's CEO?

1,448 employees have rated First Trust Alternative Absolute Return Strategy ETF CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among First Trust Alternative Absolute Return Strategy ETF's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

How often does First Trust Alternative Absolute Return Strategy ETF pay dividends? What is the dividend yield for First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF announced a quarterly dividend on Wednesday, December 23rd. Investors of record on Monday, December 28th will be given a dividend of $0.821 per share on Thursday, December 31st. This represents a $3.28 dividend on an annualized basis and a dividend yield of 11.86%. The ex-dividend date is Thursday, December 24th. This is an increase from First Trust Alternative Absolute Return Strategy ETF's previous quarterly dividend of $0.01.
View First Trust Alternative Absolute Return Strategy ETF's dividend history
.

Is First Trust Alternative Absolute Return Strategy ETF a good dividend stock?

First Trust Alternative Absolute Return Strategy ETF pays an annual dividend of $0.83 per share and currently has a dividend yield of 3.00%.
View First Trust Alternative Absolute Return Strategy ETF's dividend history.

What other stocks do shareholders of First Trust Alternative Absolute Return Strategy ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Alternative Absolute Return Strategy ETF investors own include (WYY), Daimler (DDAIF), Cognizant Technology Solutions (CTSH), Canadian Imperial Bank of Commerce (CM.TO) (CM), Mack-Cali Realty (CLI), CONSOL Coal Resources (CCR), CaixaBank (CAIXY), Bankwell Financial Group (BWFG), BlackRock New York Municipal Income Trust (BNY) and Allegheny Technologies (ATI).

What is First Trust Alternative Absolute Return Strategy ETF's stock symbol?

First Trust Alternative Absolute Return Strategy ETF trades on the NASDAQ under the ticker symbol "FAAR."

Who are First Trust Alternative Absolute Return Strategy ETF's major shareholders?

First Trust Alternative Absolute Return Strategy ETF's stock is owned by many different institutional and retail investors. Top institutional shareholders include Kestra Private Wealth Services LLC (2.12%), Mountain Capital Investment Advisors Inc (0.52%), Mountain Capital Investment Advisors Inc (0.52%), Sowell Financial Services LLC (0.32%) and Clearview Wealth Advisors LLC (0.07%).

Which institutional investors are selling First Trust Alternative Absolute Return Strategy ETF stock?

FAAR stock was sold by a variety of institutional investors in the last quarter, including Kestra Private Wealth Services LLC.

Which institutional investors are buying First Trust Alternative Absolute Return Strategy ETF stock?

FAAR stock was acquired by a variety of institutional investors in the last quarter, including Mountain Capital Investment Advisors Inc, Mountain Capital Investment Advisors Inc, Clearview Wealth Advisors LLC, and Sowell Financial Services LLC.

How do I buy shares of First Trust Alternative Absolute Return Strategy ETF?

Shares of FAAR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is First Trust Alternative Absolute Return Strategy ETF's stock price today?

One share of FAAR stock can currently be purchased for approximately $27.70.

How big of a company is First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF has a market capitalization of $63.71 million.

This page was last updated on 1/22/2021 by MarketBeat.com Staff

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